TCF National Bank's latest prime auto loan receivables securitization is its largest to date, at $505.1 mililio
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Portfolio managers are feeling a slight breeze of optimism for the first time in over three years about credit conditions for corporate borrowers, according to the latest survey from the International Association of Credit Portfolio Managers.
January 18 -
Semper Capital Management, a boutique fixed-income investment manager, has hired Christopher Mendez as its general counsel and chief compliance officer.
January 18 -
Is credit risk transfer the right kind of risk-based capital for Fannie Mae and Freddie Mac?
January 18 -
Social Finance, the online lender that made its name refinancing student loans for high-earning millennials, is doubling down on mortgages as rising interest rates are expected to make originations scarcer.
January 18 -
Up to 60 auto-related securitizations, including deals issued by Santander Consumer USA, could face some residual fallout from emissions-tampering software allegations asserted against Fiat Chrysler Automobiles N.V. last week.
January 17
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Fannie Mae is readying its first credit risk transfer transaction of 2017.
January 17 -
The federal government is trying to fixing a big problem with a generous repayment plan for guaranteed student loans: borrowers often get kicked out of it when they fail to resubmit paperwork each year.
January 17 -
Moodys Corp. agreed to pay almost $864 million to resolve a multiyear U.S. investigation into credit ratings on subprime mortgage securities, helping to clear the way for the firm to move beyond its crisis-era litigation
January 17 -
SoFi Consumer Loan Program 2017-1 is secured by a pool of $550 million in loans, and has a capital structure consisting of a $426.4 million series of Class A notes and $50.7 million in Class B notes. The A notes' 'A' rating by Kroll is a notch below the 'A+' earned in its last transaction in November.
January 13 -
The Trump administration gave the first clear sign Thursday that it intends to dismiss Consumer Financial Protection Bureau Director Richard Cordray.
January 13 -
Citibank plans to issue $500 million of two-year notes backed by credit card receivables, according to regulatory filings.
January 13 -
The $1.57 billion Ford Credit Auto Owner Trust 2017-A is lauded by Moodys Investors Service for its high weighted average FICOs (736) and as a strong follow-up to its last transaction (FCAOT 2016-C) that also featured slightly stronger pool characteristics.
January 12



